Solar Generation To Rise To 20% From 3% of U.S. electricity By 2050 EIA Forecasts

The EIA nade a series of forecasts for the likely share of solar power for US electricity over the next thirty years. In 2020 solar power accounted for 3% of U.S. electricity generation from all sources. The agency forecasts that solar will account for 20% of U.S. electricity generation in 2050. EIA US Solar Power Projections Solar power accounted for 3% Solar will account for 4% in 2021 5% in 2022. 14% in 2035 20% in 2050 via EIA Electric Power … Continue reading “Solar Generation To Rise To 20% From 3% of U.S. electricity By 2050 EIA Forecasts”

German Solar Electric Vehicle Disruptor Sono Group IPO Debut

Germany-based Sono Group NV $SEV raised $150 million at a $1.1 billion market cap. The company is developing what it believes is disruptive solar technology, as well as a solar and battery powered vehicle. Sono Motors is developing the solar electric vehicle (SEV) for the masses, the Sion. It has reached more than 16,000 reservations with advance payments for the Sion, the solar electric vehicle (SEV) for the masses, German disruptive solar technology company Sono Group (SEV) Sono Group N.V. (parent company to … Continue reading “German Solar Electric Vehicle Disruptor Sono Group IPO Debut”

Mercedes-Benz Take Stake in European Battery Cell Manufacturer Automotive Cells Company

Mercedes-Benz has announced it is joining Stellantis and Total Energies in newly established European battery cell manufacturer Automotive Cells Company (ACC). The automaker are taking an equity stake with the aim of becoming a full battery electric vehicle (BEV) brand. 

Europe Energy Crisis Years in the Making With Reactionary Environmental policy

What comes to mind with the current European energy crisis is the unexpected consequences of decision making without thought of possible headwinds. The current crisis has been borne out of what could best be described as ignorant energy and environmental policies. Putting the cart before the horse the issue with populist kneejerk policy.

Energy Prices Pressure US Consumer Inflation Rate To Over 2 Year High

US March CPI +2.6% annual inflation rate, slightly higher than expected +2.5%, up from 1.7% in February but the highest reading since August of 2018 with main upward pressure coming from energy +13.2% vs 3.7% in February including gasoline +22.5% vs 1.6% prior.